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President Trump unleashes steep tariffs on over 60 countries—including Canada, India, and Switzerland—sending shockwaves through global trade. As markets plunge and July’s weak jobs report reveals deepening cracks in the U.S. labor market, fears rise over economic uncertainty, stalled hiring, and pressure on the Federal Reserve to cut interest rates. Tariffs, Tensions, and Turmoil On …
JPMorgan CEO Jamie Dimon, in an exclusive interview, shared insights on the U.S. economy, predicting upcoming Fed rate cuts, supporting more measured tariffs, and highlighting AI and regulatory reform as key drivers of future growth. He also defended Fed Chair Jerome Powell and expressed optimism about productivity gains despite global uncertainties. Jamie Dimon Predicts Fed …
U.S. markets hit fresh record highs as President Trump secured key trade deals and ramped up pressure on Fed Chair Jerome Powell to cut interest rates. This blog covers the growing clash between Trump and Powell, the controversial $3.1 billion Fed renovation, and the booming AI investment wave led by Google, Amazon, Microsoft, and Meta. …
This in-depth analysis explores the long-term relationship between disposable income and spending growth in the U.S. economy, using 15 years of FRED data. It examines how real disposable personal income and real personal consumption expenditures have generally tracked similar trends, averaging just over 2.5% annual growth. The article highlights the impact of major fiscal stimulus …
U.S Households Cut Spending by $29.3 Billion in May 2025:In May 2025, U.S. consumers faced financial pressure as personal income dropped by $109.6 billion and disposable income fell by 0.6%. Consumer spending declined by $29.3 billion, led by steep cuts in motor vehicle and gasoline purchases. While services spending slightly offset the downturn, the overall …